Share of medium and high-tech manufacturing in gross domestic product in South Korea

South Korea: Share of medium and high-tech manufacturing in gross domestic product was 61.8% in 2022. ▲ Rising

Latest (2022)
61.8%
Change on year
down 4.0%
World rank
4th
of 94 countries
All-time high
64.4%
in 2021
All-time low
58.9%
in 2011
Years of data
12
2011–2022

Share of medium and high-tech manufacturing in gross domestic product in South Korea, 2011–2022

02040602011201620222011: 58.9 %2012: 59.9 %2013: 60.5 %2014: 60.3 %2015: 60.5 %2016: 60.3 %2017: 61.8 %2018: 62.4 %2019: 61.8 %2020: 63.2 %2021: 64.4 %2022: 61.8 %

Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.

Analysis

In 2022, share of medium and high-tech manufacturing in gross domestic product in South Korea stood at 61.8%.

Compared with earlier readings it is down 4.0% on the previous year and up 3.3% over ten years.

Over the whole period, share of medium and high-tech manufacturing in gross domestic product in South Korea peaked at 64.4% in 2021 and was at its lowest, 58.9%, in 2011.

That places South Korea 4th out of 94 countries with data for 2022, putting it in the top 10%.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 60.7% 58.9% 62.4% 9
2020s 63.1% 61.8% 64.4% 3

Countries ranked near South Korea

  1. 1 Singapore 85.5% compare
  2. 2 Switzerland 70.3% compare
  3. 5 Germany 60.0% compare
  4. 6 Qatar 58.2% compare
  5. 7 Israel 55.6% compare

See the full ranking of 94 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is share of medium and high-tech manufacturing in gross domestic product in South Korea?
Share of medium and high-tech manufacturing in gross domestic product in South Korea was 61.8% in 2022, according to United Nations Industrial Development Organization – processed by Our World in Data.
What is the highest share of medium and high-tech manufacturing in gross domestic product recorded in South Korea?
The highest recorded value was 64.4% in 2021.
What is the lowest share of medium and high-tech manufacturing in gross domestic product recorded in South Korea?
The lowest recorded value was 58.9% in 2011.
How does South Korea rank for share of medium and high-tech manufacturing in gross domestic product?
South Korea ranks 4th out of 94 countries with data for 2022.
Is share of medium and high-tech manufacturing in gross domestic product rising or falling in South Korea?
Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from United Nations Industrial Development Organization – processed by Our World in Data, published as part of Share of medium and high-tech manufacturing in gross domestic product. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of medium and high-tech manufacturing in gross domestic product
Unit
%
Source
United Nations Industrial Development Organization – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
94 places, 1,132 data points, 2008–2022
Last refreshed

Proportion of medium and high-tech manufacturing value added in total value added (%)